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The U.S. Defense Department has formally blocked a Commerce Department attempt to expand restrictions on foreign companies that sell Huawei equipment with U.S.-produced contents, The Wall Street Journal reported Jan. 24.
With an increasingly cash-strapped and hungry citizenry, the survival of Zimbabwe's current government will hinge heavily on keeping its security forces paid and happy. Though doing so will be no easy feat given the country's depleted reserves.
Both Tokyo and Seoul will be reticent to ease their trade spat until the economic toll outweighs the political risk of conceding. But for South Korea, that reckoning will come sooner due to its semiconductor sector's reliance on Japanese exports.